Funding you earn now, next payment 08:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h −0.054%
Price spread now: Aevo against KuCoin+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Aevo is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PONSUSDTM | 0.6163 | 0.0534 | pay 0.0267% / 4h | 13m 01s | $1.6M | $4.0M | 20x |
| Short | Aevo PONS-PERP | 0.6167 | 0.0232 | get 0.0029% / 1h | 13m 01s | $384 | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.42
- Price spread: +0.063% → 0.000%
- $6.34
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$85.08
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 2.67 bp | 41.7 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PONS on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PONS/USD | L +0.0032% / S −0.0029% | 1h | 0.6153 | −0.165% | $234K | — | 150x | as long as short |
| Popdex PONSUSDT | +0.0096% | 1h | 0.6166 | +0.050% | $22K | $455K | 20x | as long as short |
| Nado PONS-PERP | +0.0100% | 1h | 0.6163 | +0.008% | $72K | $130K | 5x | as long as short |
| ApeX Omni PONSUSDT | +0.0100% | 1h | 0.6187 | +0.394% | $31K | $299K | 5x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.0100% | 4h | 0.6172 | +0.151% | $2K | $4K | 10x | as long as short |
| SunX PONS-USDT | +0.0100% | 4h | 0.6160 | −0.041% | — | $1.2M | 10x | as long as short |
| SoDEX PONS-USD | +0.0100% | 1h | 0.6164 | +0.011% | $26K | $639K | 3x | as long as short |
| HTX PONS-USDT | +0.0100% | 4h | 0.6163 | +0.003% | $66K | $536K | 20x | as long as short |
| Phemex PONSUSDT | +0.0100% | 4h | 0.6162 | −0.015% | $1.7M | $3.2M | 20x | as long as short |
| Aevo PONS-PERPshort | +0.0232% | 1h | 0.6167 | +0.063% | $384 | — | 3x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PONS-USDT-SWAP | +0.0412% | 4h | 0.6161 | −0.031% | $14.0M | $60.7M | 20x | as long as short |
| Gate PONS_USDT | +0.0454% | 4h | 0.6160 | −0.047% | $5.5M | $6.6M | 20x | as long as short |
| Aster PONSUSDT | +0.0484% | 4h | 0.6161 | −0.031% | $1.1M | $2.4M | 20x | as long as short |
| Variational Omni PONS | +0.0505% | 4h | 0.6176 | +0.213% | $1.5M | $4.2M | — | as long as short |
| Lighter PONS | +0.0528% | 1h | 0.6166 | +0.052% | $1.7M | $858K | 3x | as long as short |
| KuCoin PONSUSDTMlong | +0.0534% | 4h | 0.6163 | long leg | $1.6M | $4.0M | 20x | |
| Lighter RH PONS | +0.0552% | 1h | 0.6165 | +0.026% | $416K | $2.7M | 3x | as long as short |
| Pacifica PONS | +0.0572% | 1h | 0.6159 | −0.063% | $46K | $77K | 3x | as long as short |
| Hyperliquid PONS | +0.0603% | 1h | 0.6163 | +0.002% | $62.8M | $30.5M | 3x | as long as short |
| Binance PONSUSDT | +0.0605% | 4h | 0.6166 | +0.050% | $40.0M | $105.2M | 20x | as long as short |
| MEXC PONS_USDT | +0.0606% | 4h | 0.6166 | +0.050% | $7.8M | $4.8M | 20x | as long as short |
| edgeX PONSUSDC | +0.0608% | 4h | 0.6187 | +0.389% | $20K | $292K | 10x | as long as short |
| Extended PONS-USD | +0.0608% | 1h | 0.6161 | −0.034% | $103K | $827K | 5x | as long as short |
| BingX PONS-USDT | +0.0666% | 4h | 0.6167 | +0.067% | — | $3.2M | — | as long as short |
| Bybit PONSUSDT | +0.0680% | 4h | 0.6163 | +0.002% | $18.4M | $33.0M | 20x | as long as short |
| Bitget PONSUSDT | +0.0702% | 4h | 0.6168 | +0.078% | $4.9M | $13.0M | 20x | as long as short |
| BloFin PONS-USDT | +0.0845% | 4h | 0.6159 | −0.063% | $1.8M | $1.1M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.1017% | 1h | 0.6165 | +0.039% | $73K | $2.3M | 3x | as long as short |
| Injective PONS/USDC PERP | +0.1069% | 1h | 0.5938 | −3.641% | $610 | $10K | 5.5x | as long as short |
| Phoenix PONS | +0.1405% | 1h | 0.6159 | −0.068% | $47K | $127K | 3x | as long as short |
KuCoin PONSUSDTM
gTrade (Gains Network) PONS/USD
Popdex PONSUSDT
ApeX Omni PONSUSDT
SunX PONS-USDT
SoDEX PONS-USD
HTX PONS-USDT
Phemex PONSUSDT
OKX PONS-USDT-SWAP
Gate PONS_USDT
Aster PONSUSDT
Variational Omni PONS
Lighter PONS
Lighter RH PONS
Pacifica PONS
Hyperliquid PONS
Binance PONSUSDT
MEXC PONS_USDT
edgeX PONSUSDC
Extended PONS-USD
BingX PONS-USDT
Bybit PONSUSDT
Bitget PONSUSDT
BloFin PONS-USDT
Polymarket Perps PONS-USD
Injective PONS/USDC PERP
Phoenix PONS